Topic 9 Flashcards
(8 cards)
-Gives companies access to a diverse set of resources
-is easing extreme poverty
-has enabled the rise of a middle class
Global Trade
Competing is much more intense
Globalization the bad
Modern Slavery
Globalization- the Ugly
Resource availability, costs, and quality can vary greatly around the world
Managing Cost and Performance Tradeoffs
As you evaluate resources, you need to take a total cost approach
Critical Warning
Growth, know-how, risk, prevent cross-subsidization, avoid protectionism, logistics, commitment signaling
Reasons Market Chasers Go Global
Phase 1: Getting Strategy Right
-Configuration & Coordination
Phase 2: Getting Location Right
-Country,Community,Site
Global Network Design Process
-intuitiveness
-quantifiability
-applicability
-disciplined
Multicriteria Analysis